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The International Organization of Securities Commissions will appoint Masamichi Kono of Japan's Financial Services Agency to lead its Technical Committee, sources said. The chairman of the committee will lead the development of rules under the Group of 20 nations' mandate. Kono, who is vice chairman of the committee, likely would continue the panel's work on tightening checks on the commodities derivatives markets.

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Financial groups should consider guaranteeing investors' block chain transactions against fraud to boost confidence in the technology, says Greg Medcraft, chairman of the International Organisation of Securities Commissions.

Greg Medcraft, chairman of the International Organisation of Securities Commissions, said the group is interested in helping develop standards for marketable asset-backed securities that will encourage buying by non-bank investors. IOSCO will present ABS criteria to finance ministers at the Group of 20 nations' meeting this week.

Hans Hoogervorst, chairman of the International Organisation of Securities Commissions' technical committee, said trading over-the-counter derivatives through a platform would increase transparency, competition and supervision of the market. "IOSCO believes that it is appropriate to trade standardised derivatives contracts with a suitable degree of liquidity on organised platforms, provided that a flexible approach encompassing a range of entities that would qualify as such platforms is taken by regulators," Hoogervorst said.

Hans Hoogervorst, chairman of the International Organization of Securities Commissions' technical committee, said trading over-the-counter derivatives through a centralized market would increase transparency, competition and supervision of the market. "IOSCO believes that it is appropriate to trade standardized derivatives contracts with a suitable degree of liquidity on organized platforms, provided that a flexible approach encompassing a range of entities that would qualify as such platforms is taken by regulators," Hoogervorst said.

The International Organization of Securities Commissions said some short-selling strategies create disorder in markets during turmoil and should be regulated. "We believe that short selling should operate in a well-structured regulatory framework in the interests of maintaining a fair, orderly and efficient market," said Martin Wheatley, chairman of the organization's short-selling task force and CEO of Hong Kong's Securities and Futures Commission.